About this text from Wiki page: Manually set the aspect ratio to that of your monitors.
Before I found this Wiki page I tried to set every possible resolution manually, but the problem was still there.
I know that my post is not the exact answer to the question, but I thought that maybe it will help.
About the question on beeing able to access the games graphics settings before this error:
This Tomb Raider opens like this: I click on a shortcut to the game and a window opens. This window has 4 (or 5) options: Play, Options, ... So I acces the options before I enter the game.
At first I couldn't acces the game graphics settings (everytime I clicked on options, the menu crashed). After googling a bit I found one poste, where someone was giving a link to a page where I could copy and save the text in a text editor and save it as
*.reg. After I launched this reg file, I could open the options window, but I was still recieving the "failed to initialize Direct3D with curent settings" message when I clicked the play button.
So after I did what I describe in my first post here, I was able to run the game for the first time on win 7.
At first I had windows XP 32 bit on my computer, and after installing Tomb Raider (2013) I was able to run it (and never got "failed to initialize Direct3D with curent settings" message). But I thoutgh that since a 64 bit OS would use more RAM I formated my
HDD and installed win 7. And then this problem appearred (updating my graphics card drivers didn't do anything).
I'm using ATI Radeon HD 5450.
I've fixed the link now (I guess this is what you ment with it being incomplete).